Goldman Sachs Pays $1.1 Billion To Buy Back TARP Warrants

The company has just confirmed that it’s buying back its TARP warrants for $1.1 billion, says CNBC. No doubt someone will be rushing to say that they screwed the government, though we have no idea. Apparently for its money, the government got a 23% annualized return, which is probably the best investment it has ever made.